NEVER UNDERESTIMATE YOUR INVESTMENT LOCATION.
It goes without saying that the adage, “location, location, location” continues and will always be the King factor for profitability in Real Estate investing. In Layman’s language, land is stationary and your dream property isn’t just going to wake up and move to a better area overnight. Therefore, when actualizing your property ambitions, the location is a vital factor impacting its price and potential growth.
Why It’s Important?
If you are wondering why location is the King Factor, well everything real estate is affected by the surroundings and environment within.
For instance, proximity to basic amenities (water, electricity, hospitals, schools), serene environments, green spaces, accessibility and neighborhood’s status factor significantly for residential property investors.
Subsequently, proximity to major roads, market areas, warehouses, residential surroundings and transport hubs factor prominently for commercial property investors.
Never underestimate your investment location
One of the most common mistake in real estate investment is underestimating the location. Most people stereo-type location to existing and visible factors e.g. developed areas, basic amenities etc. However, a key factor when considering property location is the mid-to-long-term view concerning how the area is expected to evolve over the investment period.
Early Day Nanyuki
A case in point is Nanyuki which was previously affected by Colonial Capitalism, nobody would predict that it would be Kenya’s top growing investment hub that will be home to diverse communities as we are currently experiencing.
|More reason why you should invest in Nanyuki|
”The county government of Laikipia has progressively set up and passed several urban development plans for Nanyuki hence giving you an opportunity for higher returns on your investment.On the 4th of January 2022, the government declared that it has set aside Sh.3.3 billion to upgrade 70 kilometers of Nanyuki-Rumuruti road to bitumen standards.”Guess what? Our project is located just 950 meters off Nanyuki-Rumuruti road therefore prime location. Over and above the many development projects coming up, Nanyuki is a prime location for real estate investing.
Being a Nanyuki Forest investor will be more than a title. It will provide you with an opportunity to grow your investment, add value to your piece of land and practice positive ethics, values and practices towards the environment through Tree planting for every plot Purchased.
Each 1/8th acre plot provides room to plant up to 202 trees. Subject to an additional cost of Ksh. 60, 555 for the Nanyuki Forest Tree Planting Concept, the capital growth of your land in 10 years will be Ksh. 2,020,000.
“Be sTREEtwise this January and invest in 1/8th acre in Nanyuki Forest for only Ksh. 249,000 for Residential plots & Commercial plots for Ksh. 299, 000.